BridgerPay technology saves 500 million dollars in annual failed transactions

BridgerPay, a Cyprus-based fintech company established by Israeli entrepreneurs Ran Cohen and Yaron Hershkovitz, announced that its proprietary artificial intelligence system recovered 500 million dollars in transactions over the past year. Operating out of Limassol, the company provides payment management services by connecting businesses to over 1,000 global payment service providers.

The core function of the technology is to mitigate "technical declines," which occur when credit or debit card payments are rejected despite customers having sufficient funds. The system analyzes each failed attempt in real time and automatically re-routes the transaction through alternative providers until one successfully processes the payment. This automated process is designed to prevent revenue loss for merchants caused by technical friction between financial gateways.

The initiative addresses a long-standing issue in digital commerce where valid transactions are often incorrectly flagged as failures due to backend communication errors or regional provider restrictions. By diversifying the routing paths, BridgerPay aims to ensure higher conversion rates for its corporate clients globally.